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Constellation Energy (Constellation Energy) Gross Profit : $3,233 Mil (TTM As of Dec. 2023)


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What is Constellation Energy Gross Profit?

Constellation Energy's gross profit for the three months ended in Dec. 2023 was $356 Mil. Constellation Energy's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $3,233 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Constellation Energy's gross profit for the three months ended in Dec. 2023 was $356 Mil. Constellation Energy's Revenue for the three months ended in Dec. 2023 was $5,796 Mil. Therefore, Constellation Energy's Gross Margin % for the quarter that ended in Dec. 2023 was 6.14%.

Constellation Energy had a gross margin of 6.14% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 6 years, the highest Gross Margin % of Constellation Energy was 17.70%. The lowest was 8.74%. And the median was 15.49%.

Warning Sign:

Constellation Energy Corp gross margin has been in long-term decline. The average rate of decline per year is -8.9%.


Constellation Energy Gross Profit Historical Data

The historical data trend for Constellation Energy's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Constellation Energy Gross Profit Chart

Constellation Energy Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 3,350.00 2,850.00 2,931.00 2,137.00 3,232.00

Constellation Energy Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 250.00 404.00 1,082.00 1,391.00 356.00

Competitive Comparison of Constellation Energy's Gross Profit

For the Utilities - Renewable subindustry, Constellation Energy's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Constellation Energy's Gross Profit Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Constellation Energy's Gross Profit distribution charts can be found below:

* The bar in red indicates where Constellation Energy's Gross Profit falls into.



Constellation Energy Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Constellation Energy's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=24918 - 21686
=3,232

Constellation Energy's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=5796 - 5440
=356

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,233 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Constellation Energy's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=356 / 5796
=6.14 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Constellation Energy  (NAS:CEG) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Constellation Energy had a gross margin of 6.14% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Constellation Energy Gross Profit Related Terms

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Constellation Energy (Constellation Energy) Business Description

Traded in Other Exchanges
Address
1310 Point Street, Baltimore, MD, USA, 21231
Constellation Energy Corp offers energy solutions. It provides clean energy and sustainable solutions to homes, businesses, the public sector, community aggregations, and a range of wholesale customers (such as municipalities, cooperatives, and other strategics). The company offers comprehensive energy solutions and a variety of pricing options for electric, natural gas, and renewable energy products for companies of any size.
Executives
Charles L. Harrington director 5875 TRINITY PKWY #300, CENTREVILLE VA 20120
Laurie Brlas director C/O ALBEMARLE CORPORATION, 4250 CONGRESS ST STE 900, CHARLOTTE NC 28209
Julie Holzrichter director 20 S. WACKER DRIVE, CHICAGO IL 60606
John M Richardson director 10 S. DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Bradley M Halverson director 100 N.E. ADAMS STREET, PEORIA IL 61629
Dhiaa M. Jamil director DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Robert J Lawless director C/O CARPENTER TECHNOLOGY CORP, 1047 NORTH PARK ROAD, WYOMISSING PA 19610
De Balmann Yves C director 360 MADISON AVE 20TH FL, C/O BREGAL INVESTMENTS, NEW YORK NY 10017
Khandpur K Ashish director 3M COMPANY LEGAL AFFAIRS, 3M CENTER, ST PAUL MN 55144-1000
Nneka Louise Rimmer director 18 LOVETON CIRCLE, SPARKS MD 21152
Michael Koehler officer: EVP & Chief Admin Officer 1310 POINT STREET, BALTIMORE MD 21231
Matthew N Bauer officer: SVP & Controller 1310 POINT STREET, BALTIMORE MD 21231
Kathleen Barron officer: EVP & Chief Strategy Officer 1310 POINT STREET, BALTIMORE MD 21231
David O. Dardis officer: EVP & General Counsel 1310 POINT STREET, BALTIMORE MD 21231
Daniel L. Eggers officer: EVP & CFO 1310 POINT STREET, BALTIMORE MD 21231